Tuesday, November 18, 2014

Trade review 11-18-14

I got some of them right on Tuesday...

Hits:

VGGL

A gap up debut rose a bit, then fell steadily to enable a fade entry. It ended down over 8.5% today.

RIC

A win long when a gap up advanced from the noise candle and after to end up over 10% today.

ECSL

A fall fail of the trigger for shorts off a gap up debut that moved up and down but held the previous session high and closed weakly. Ended red by over 5.5% today.

WIFI

A gap up with an early 8 fail yielded a short. It kept going, ending down over 1% today.

Misses:

TE

A long fake out loss when this gap up advanced early to trigger, then moved sideways and down to end up less than 0.50% today. Following my entry rules on taking a position above the initial high lost.

Push:

SNSS

A gap down rose early and almost triggered long, but just missed and then steadily decayed, ending down over 10% today.

Totals:
Daily record: W-4-L-2*-P-1
66%

* I listed SNSS twice inexplicably for somewhat different set ups, so no credit on one and a fail, too.

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